Spring 2008 Industry Study: Aircraft Industry
Abstract
The global aircraft industry is healthy. Vigorous competition exists in all market sectors. With the exception of the relatively less mature unmanned aircraft systems sector, significant changes to the number and identity of competing firms are not likely in the next few years, although the mature military fixed-wing sector likely will see new joint ventures and other forms of cooperation between firms. Orders for commercial aircraft are soaring and should continue to remain high for years to come. Military aircraft manufacturing is also robust. The aircraft industry is globalized. Commercial and military aircraft manufacturers are using a variety of methods to enter into foreign markets, including the use of global supply networks and teaming with firms of the home nation. Despite its good health, significant challenges to the aircraft industry exist. Among other things, while facing the specter of skyrocketing fuel prices, the industry must face the problems of insufficient capacity, recruiting and retaining skilled aerospace workers, reducing the environmental impact of aircraft, and adapting to a globalized market. Given its strategic importance, the US government should, when appropriate, take certain public policy actions to help the industry cope with these challenges.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2008
- Accession Number
- ADA487540
Entities
People
- Bengt Ekwall
- Carla Provost
- Craig Dedecker
- Daniel Snyder
- David Koch
- Harry Truhn
- J. R. Tyler
- James Lolley
- John Smith
- Jonathan Dols
- Jozsef Szucs
- Kyle Matyi
- Mark Heck
- Robert Doerer
- Rolando Jungco
- Terrance Mccaffrey
Organizations
- Dwight D. Eisenhower School for National Security and Resource Strategy